Nanyang Footwear

NanyangFootwear, a Taiwanese footwear company, started its assembly operations in El Salvador in late 2012, becoming the first foreign footwear company to establish operations in the country. In 2011, the company began to evaluate expanding its operations in Latin America, including El Salvador. It sought the proximity to its main market, the USA, to meet its accelerated growth projections for the next five years. Nanyang Footwear decided to establish a footwear assembly company in El Salvador and take advantage of DR-CAFTA to export to the United States, driven by the outcomes of its assessment and the assistance provide by PROESA. The company plans to invest approximately U.S. $ 1.5 million dollars and create about 180 direct jobs in the department of La Paz. The proximity to its main market and the highly productive and competitive workforce of the country, convinced NanyangFootwear to establish operations in El Salvador.